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Indonesian (IDX) Steel Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies10
  • 7D-6.0%
  • 3M-0.8%
  • 1Y7.9%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 3.7%, driven by gains from Adaro Minerals Indonesia of 7.5%. Meanwhile, Gunawan Dianjaya Steel actually underperformed within the industry, shrinking 6.9% in the last week. This means that the industry has gained 14% over the past year. In the next few years, earnings are forecast to decline by 2.0% annually.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024Rp67.4tRp68.8tRp6.5t7.5x10.4x1x
Sun, 24 Mar 2024Rp66.7tRp67.5tRp6.3t7.6x10.6x1x
Tue, 20 Feb 2024Rp69.6tRp65.8tRp3.8t10x18.2x1.1x
Thu, 18 Jan 2024Rp65.5tRp65.9tRp3.8t11.2x17.1x1x
Sat, 16 Dec 2023Rp70.7tRp65.5tRp3.8t11.3x18.6x1.1x
Mon, 13 Nov 2023Rp61.6tRp71.5tRp4.6t8.9x13.3x0.9x
Wed, 11 Oct 2023Rp69.1tRp71.2tRp4.5t9.9x15.4x1x
Fri, 08 Sep 2023Rp70.2tRp69.6tRp4.4t10.1x16x1x
Sun, 06 Aug 2023Rp55.8tRp75.9tRp6.0t8.2x9.3x0.7x
Tue, 04 Jul 2023Rp51.9tRp75.8tRp6.0t7.6x8.7x0.7x
Thu, 01 Jun 2023Rp46.7tRp77.7tRp7.6t6.4x6.2x0.6x
Sat, 29 Apr 2023Rp60.8tRp76.2tRp7.6t6.3x8x0.8x
Mon, 27 Mar 2023Rp60.9tRp78.4tRp7.7t6.2x7.9x0.8x
Wed, 22 Feb 2023Rp75.5tRp78.4tRp8.8t7.3x8.6x1x
Fri, 20 Jan 2023Rp87.8tRp78.3tRp8.8t9.7x10x1.1x
Sun, 18 Dec 2022Rp89.3tRp80.3tRp9.1t10.4x9.8x1.1x
Tue, 15 Nov 2022Rp95.5tRp78.4tRp8.9t13.9x10.7x1.2x
Thu, 13 Oct 2022Rp91.6tRp76.2tRp8.3t14.4x11.1x1.2x
Sat, 10 Sep 2022Rp92.1tRp71.0tRp6.7t17.1x13.8x1.3x
Mon, 08 Aug 2022Rp87.6tRp69.4tRp6.0t12.4x14.5x1.3x
Wed, 06 Jul 2022Rp87.8tRp68.5tRp6.1t11.9x14.3x1.3x
Fri, 03 Jun 2022Rp113.0tRp65.2tRp5.8t10.1x19.3x1.7x
Sun, 01 May 2022Rp132.8tRp60.4tRp4.9t13.2x27.2x2.2x
Tue, 29 Mar 2022Rp109.2tRp57.1tRp5.6t16.5x19.6x1.9x
Thu, 24 Feb 2022Rp70.1tRp50.8tRp2.8t12.3x25.5x1.4x
Sat, 22 Jan 2022Rp62.6tRp48.9tRp3.2t12.7x19.9x1.3x
Mon, 20 Dec 2021Rp24.7tRp46.7tRp2.3t14.2x10.7x0.5x
Wed, 17 Nov 2021Rp26.8tRp46.1tRp2.2t14x12x0.6x
Fri, 15 Oct 2021Rp23.5tRp44.6tRp1.7t16.5x13.5x0.5x
Sun, 12 Sep 2021Rp22.4tRp45.4tRp1.8t15.1x12.8x0.5x
Tue, 10 Aug 2021Rp22.2tRp44.8tRp1.3t12.6x16.6x0.5x
Mon, 03 May 2021Rp23.3tRp39.2tRp331.7b8.4x70.3x0.6x
Price to Earnings Ratio

70.3x


Total Market Cap: Rp23.3tTotal Earnings: Rp331.7bTotal Revenue: Rp39.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 17.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Indonesian Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.7x which is lower than its 3-year average PE of 17.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.00x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 170% per year over the last three years.
  • Revenues for these companies have grown 21% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market0.59%
Materials2.32%
Metals and Mining1.97%
Steel-6.05%
Copper6.15%
Aluminum6.12%
Precious Metals and Minerals0%
Silver0%
Diversified Metals and Mining-3.42%
Gold-7.15%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NIKL Pelat Timah NusantaraRp456.0014.0%
+Rp141.3b		-18.6%PS0.4x
LMSH Lionmesh PrimaRp406.005.2%
+Rp1.9b		-17.8%PS0.3x
LABA Ladang Baja MurniRp51.002.0%
+Rp1.0b		-26.1%PS4.6x
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Latest News

BAJA

Rp100.00

Saranacentral Bajatama

7D

-14.5%

1Y

-28.6%

LMSH

Rp406.00

Lionmesh Prima

7D

5.2%

1Y

-17.8%

ADMR

Rp1,300.00

Adaro Minerals Indonesia

7D

-7.1%

1Y

19.3%

LABA

Rp51.00

Ladang Baja Murni

7D

2.0%

1Y

-26.1%

GDST

Rp89.00

Gunawan Dianjaya Steel

7D

-9.2%

1Y

-46.7%

ISSP

Rp300.00

Steel Pipe Industry of Indonesia

7D

-1.3%

1Y

22.0%

GGRP

Rp410.00

Gunung Raja Paksi

7D

-1.0%

1Y

-8.9%

NIKL

Rp456.00

Pelat Timah Nusantara

7D

14.0%

1Y

-18.6%

KRAS

Rp138.00

Krakatau Steel (Persero)

7D

-1.4%

1Y

-51.4%